Shree Cement reported a second-quarter net profit of Rs 277 crore, below the estimated Rs 330 crore, as higher costs offset revenue gains. Revenue from operations rose to Rs 4,303 crore, surpassing consensus expectations. The board also declared an interim dividend of Rs 80 per share for FY26.
Shree Cement Ltd announced its financial results for the September quarter, posting a consolidated profit of Rs 277 crore, falling short of the Rs 330 crore estimate by IBES. The earnings were impacted by higher input costs and subdued realizations, despite a higher-than-expected revenue performance.
Revenue from operations rose to Rs 4,303 crore, ahead of the estimated Rs 4,223 crore, driven by stable cement demand in core markets and ongoing capacity utilization improvements.
The board approved an interim dividend of Rs 80 per share, reflecting steady cash generation and shareholder focus despite cost pressures.
Notable Updates:
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Q2 revenue rose 5.6% year-on-year to Rs 4,303 crore.
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Net profit came in at Rs 277 crore versus Rs 330 crore estimated.
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Cost inflation and energy expenses weighed on margins.
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Rs 80 per share interim dividend announced for FY26.
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Demand holds firm in northern and eastern regions, supporting volume growth.
Sources: Company filing to NSE and BSE; IBES estimates via Refinitiv.